InfoMentor appoints new global CEO, Niclas Walter

InfoMentor appoints new global CEO, Niclas Walter

InfoMentor, a leading provider of educational technology solutions that bring together lesson planning, pupil assessment, progress analysis and parental engagement, announced it has appointed Niclas Walter as CEO of global operations. Niclas was promoted to the CEO position from his previous role of leading operations for InfoMentor in Sweden and DACH territories. He replaces Kristin Petursdottir who directed the company’s restructure in 2016. In addition to Niclas’s successes with the company over the past year, he has three decades of experience as an executive in IT. Niclas has an MSc in Electrical engineering as well as an MBA from IMD in Lausanne, Switzerland. “My focus as InfoMentor’s CEO, is on the company’s growth in new and existing markets, such as the UK, EU and the Nordics,” says Niclas Walter, CEO of InfoMentor. “We will build on our current successes in these markets by offering our holistic education management solutions to more schools, reducing administrative workloads for teachers to help pupils reach their full potential.” InfoMentor provides a single system for lesson planning, pupil assessment, progress analysis and parental engagement; seamlessly integrating with a school’s Management Integration System (MIS), Microsoft Office365 and Google G-Suite. Its educational technology solutions provide deep analytical insights that can help to improve learning outcomes, thereby helping all pupils reach their full...
Frumtak Ventures Portfolio News Briefs

Frumtak Ventures Portfolio News Briefs

In the news Tulipop, popular kids lifestyle brand, lands in 300 US Hot Topic stores, launches new Web Series and Venice Beach social campaign             Unveils new web series with Wildbrain (Caillou, Teletubbies, Yo Gabba Gabba!, Mother Goose Club, SlugTerra, Shopkins). Triumps at Cartoon Forum and makes cover of KidScreen. Launches “Snap a Tulipopper” social media campaign from Venice Beach, CA. Includes chance to win a trip for two to Iceland with WOW air and Tulipop merchandise prize packs! SidekickHealth, lifestyle change platform, featured on FierceHealthcare.com, presented at Health 2.0 Conference Co-founder and CEO,  Dr. Tryggvi Thorgeirsson, was published on FierceHealthcare.com discussing “Hospital Impact—Behavioral economics and big data may improve health and reduce healthcare costs.” Co-founder and Chief Medical Officer Dr. Sæmundur Jon Oddsson presented at the Health 2.0 Fall Conference as part of the “Tools for Self-Management and Personal Wellness” session.               Meniga, leading provider of digital banking solutions, wins European FinTech Award and IBS Intelligence accolade; expands operations to Poland. Established to meet increasing demand in the Central and Eastern Europe region. Focus principally on client services, engineering and business development. Meniga racks up accolades from European FinTech Awards and IBS Intelligence     AGR Dynamics, provider of powerful retail supply chain management software solutions,  expands to Canada; welcomes Woodie’s, Ireland’s biggest DIY superstore to growing community of customers. New operations in Canada enable AGR Dynamics to better service North American customers. Gudni Petur Sigurjonsson new Managing Director and Christina Vali named Director of Presales, North America AGR Dynamics Canada office. Woodie’s selects web-based AGR 5 system from AGR Dynamics to help DIY chain manage forecast and replenishment system. Frumtak Day In...
Frumtak Ventures, Activity Stream, SidekickHealth win Nordic Startup Awards Iceland

Frumtak Ventures, Activity Stream, SidekickHealth win Nordic Startup Awards Iceland

Frumtak Ventures was awarded “Investor of the Year” during the Iceland regional finals for the 2017 Nordic Startup Awards. In addition to this award, two Frumtak Ventures portfolio companies also received awards:  Best Health/Lifestyle Tech Startup: SidekickHealth             Startup of the Year : Activity Stream               Congratulations to all of the winners and nominees. The Nordic Startup Awards Grand Finale Day will take place in Stockholm, Sweden on 18 October...
Tulipop featured on Kidscreen Cartoon Forum issue

Tulipop featured on Kidscreen Cartoon Forum issue

Icelandic brand Tulipop is thrilled to be featured on the front cover of Kidscreen – the only trade publication dedicated solely to children’s media – for their Cartoon Forum issue. Tulipop CEO Helga Arnadottir said: “We are delighted that Kidscreen chose Tulipop out of 83 possible new projects being presented at Cartoon Forum as their front cover.  It is a great honor to front such a prestigious publication. The reaction from the press to our animated series has been incredible and we hope that this is a sign of things to come, when we present the show to broadcasters at Cartoon Forum in September.” Cartoon Forum will be held from 12 – 15 September 2017 in the French city of Toulouse.  The event is a co-production platform for European animated series. With 83 projects being presented from 23 different countries, around 900 industry professionals will have the opportunity to discover some 470 hours of animated...

Nordic Venture Capital: 2016 was another strong exit year Copenhagen, Helsinki, Oslo, Reykjavik, Stockholm 31 May 2017 Nordic Venture Network (NVN) – the club of the leading technology venture capital firms in the Nordic region – today announces the 2016 results of the Nordic Venture Performance Index (NVPI). 2016 was another strong exit year for Nordic venture capital. Despite lower returns than in 2015, the NVPI outperformed the public market equivalents like the NASDAQ-100 again in 2016. 2016 was another strong exit year in Nordic venture capital. By the end of 2016 more than 50% of the total gains was realised. 2016 was busy on the investment front and a record year of new investments with EUR 264 million invested (34% increase year-over-year). Despite 2016 being a record year on new investments, the Nordic venture firms returned more money to their investors than they called for investments. Combining 2015 and 2016, the Nordic venture firms have returned more than EUR 330 million in net distributions to their investors. The NVPI delivered a gross IRR of 9.3% in 2016, which was somewhat lower than the previous 5 years. This was mainly due to a revaluation of larger assets in the portfolios especially during the beginning of 2016. However, NVPI still outperformed most public market equivalents. “At NVN we have for a while argued that Nordic venture has delivered superior returns in the last decade. The ‘long only’ total gross return index shows that 1 EUR invested in 2005 was worth 9 EUR by the end of 2016. The best of the comparable public market equivalent only grew to 3.5 EUR in...
Frumtak Ventures leads investment round in SidekickHealth

Frumtak Ventures leads investment round in SidekickHealth

Frumtak Ventures announced a $1.5m investment in Goodlifeme AB., makers of SidekickHealth, a gamified health-behavior change platform and app for predicting, managing and preventing chronic and lifestyle-related conditions such as obesity, heart disease, prediabetes and type-2 diabetes.  Frumtak Ventures lead the round with additional investment by Tennin ehf. and others. Utilizing behavioral economics principles alongside artificial intelligence (A.I.) and evidenced-based guidelines from the U.S.  Centers for Disease Control and Prevention (CDC), SidekickHealth enhances the effectiveness of lifestyle education and coaching as offered through programs such as the CDC’s new nationwide Diabetes Prevention Program. SidekickHealth’s platform and app, which has recently gained traction in the U.S., Iceland, and Sweden, was developed and researched in collaboration with experts from leading international health and medical institutions including Harvard University and the Massachusetts Institute of Technology, at which SidekickHealth’s CEO lectures on behavioral economics for lifestyle interventions, and data-driven healthcare. www.sidekickhealth.com  ...